. >> the situation in hamburg is the same as in other large cities -- investors discover a derelict district not far from the city and renovate it. then they raise the prices. >> the financial crisis has made it worse. people invest in property. real-estate prices have never gone down here, so it has always been a good investment. >> the center gave in to appeals for cheaper housing and entered into an alliance for living. 6000 flats are to be built. 1/3 is low-income housing. with the population growing by 12,000 people a year, will that be enough? >> it should be enough because we will not stop building. it is not a four-year manifesto. it is for the whole time. >> all this comes too late for this woman who spends her entire income of 400 euros on rent, but she is still happy to have a room after so much searching. the time of uncertainty is over. >> i packed a bag, left my things at friends and acquaintances, and had to look for a sofa or bed to sleep on every night. i did not have a permanent place to sleep. i had to move from sofa to sofa >> many students and trainees have to commute. t